The company had previously forecast these assets to generate approximately 1,000 barrels of oil equivalent per day (boepd). : Calgary-based Paramount Resources Ltd. has sold certain non-core assets in the Kaybob Region in February for cash proceeds of approximately $34.88 million (CAD 47 million). Paramount retained a two percent no-deduction gross overriding royalty on the undeveloped Montney acreage forming part of the assets. The company had previously forecast these assets to generate approximately 1,000 barrels of oil equivalent per day (boepd) of average annual sales volumes for 2024, it said in a news release.